microchip

Boris says national security adviser to probe sale of Welsh microchip maker to Chinese-owned firm

by

Boris Johnson U-turns to confirm national security adviser WILL probe sale of UK microchip maker Newport Wafer Fab to Chinese firm Nexperia – but urges nation not to succumb to ‘anti-China spirit’ saying it would be ‘economically foolhardy’ The PM confirmed Sir Stephen Lovegrove will examine the £63million deal  Netherlands-based Nexperia owned by Chinese electronics … Read more

Britain’s top microchip maker to be sold to Chinese-owned technology firm despite security fears 

by

Now China buys up our top microchip maker: Britain’s biggest producer is to be sold to Chinese-owned technology firm despite security fears Nexperia agreed to buy Newport Wafer Fab in a deal said to be worth £63million The South Wales facility manufactures crucial power components for vehicles Ministers were urged to intervene as Nexperia is owned … Read more